Sure Trace (SSTY)

[johncee]

IMO The Execution date of January 4th 2007 and the effective date of Feburary 18th, 2007 are very important dates to look at. When you read into the last paragraph of the pr:

The effective date of the Restructuring Agreement shall be February 18, 2007, provided, however, that the Restructuring Agreement shall go immediately into effect upon the conclusion of aspects, if any, of the ongoing SEC investigation relating to SSTY which may affect the transactions contemplated in the Restructuring Agreement. The SEC commenced a formal investigation of SSTY in August 2005, which remained ongoing during the period when SSTY acquired and owned the controlling interest in TPID and delivered the shares it held in the Registrant as a dividend to SSTY stockholders. As part of the investigation, the SEC Staff has questioned whether the delivery of the shares to SSTY shareholders required registration with the SEC. SSTY agrees not to withdraw its consent to the Restructuring Agreement during period between its execution and effective dates.

The Restructuring Agreement shall go immediately into effect upon the conclusion of aspects, if any, of the ongoing SEC investigation relating to SSTY which may affect the transactions contemplated in the Restructuring Agreement.

What this means to me is that they expect the ongoing sec investigation to come to a close before the effective date of February 18th.